Mortgage payment estimates, closing cost breakdowns, and homebuying data for Livingston, Montana.
Median Home Price
$445K
Population
8K
Avg Monthly Rent
$1,420
Property Tax Rate
0.74% *
* Property tax shown is the Montana state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Livingston.
Livingston vs Montana Median
The median home price in Livingston is $445,000, which is roughly in line with the Montana state median of $430,000.
Mortgage Calculator — Livingston, MT
Pre-filled with Livingston median home price and Montana tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $445K home using Montana's 0.74% tax rate and $2,100/yr insurance.
5% Down
$3,368/mo
Down: $22,250
Loan: $423K
P&I: $2,672
Tax: $274
Insurance: $175
PMI: $247
10% Down
$3,214/mo
Down: $44,500
Loan: $401K
P&I: $2,531
Tax: $274
Insurance: $175
PMI: $234
20% Down (No PMI)
$2,700/mo
Down: $89,000
Loan: $356K
P&I: $2,250
Tax: $274
Insurance: $175
Income needed (28% rule): $116K/year with 20% down, $138K/year with 10% down.
Rent vs Buy in Livingston
Rent
$1,420/mo
vs
Buy (10% down)
$3,214/mo
Price-to-rent ratio: 26.1 — At a ratio above 20, renting may be more economical in Livingston for shorter stays. Buying costs $1,794 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Livingston is $445,000, roughly in line with the Montana state median of $430,000. With a population of 8,042, Livingston is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Montana average 0.74% annually. This moderate property tax rate means a $445,000 home in Livingston would carry roughly $274/month in property taxes. Homeowners insurance in Montana runs approximately $2,100 per year. This is within the normal range nationally.
Average rent in Livingston is $1,420/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Livingston is a higher-cost market. At $445K median, buyers need significant savings or strong income. Down payment assistance through Montana's MBOH Regular Bond Program program becomes especially important.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Livingston.